Search

SquaredFinancial foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://portal-sc.squaredfinancial.com/register/, about the company's legal and temporary regulatory information, the company's address .

SquaredFinancial Forex Broker

No Regulation
SquaredFinancial

Rating Index

This rating is sourced from logo

Company profile

SquaredFinancial Review SummaryFounded2005Registered Country/RegionCyprusRegulationCySEC, FSA (Suspicious Clone)Market InstrumentsForex, Indices, Futures, Commodities, Stocks & ETFs and CryptosDemo Account✅Leverage1:30EUR/USD SpreadFrom 1.2 pipsTrading PlatformMT4, MT5 and Mobile APPMin Deposit$0Customer SupportTel: +1 +44 2031371393Email: support@squareddirect.com; support@squaredfinancial.scX: https://twitter.com/sq_financialFacebook: https://www.facebook.com/squaredfinancialInstagram: https://www.instagram.com/squaredfinancial/Physical address: 07/1 Wilson Street West End QLD 4101 SquaredFinancial is a forex and CFD broker, regulated by the Cyprus Securities and Exchange Commission (CySEC), offering over 40 currency pairs and a selection of CFDs, with three account types, leverage of up to 1:30, and the MT4, MT5 and Mobile APP platforms. Demo accounts are available and there is no minimum deposit requirement.Pros and ConsProsConsRegulated by CySECSuspicious clone FSA licenseMultiple trading choicesDemo accountsCommission-free account offeredFlexible leverage ratiosMT4 and MT5 trading platformNo minimum depositPopular payment optionsComprehensive contact channelsMultilingual supportIs SquaredFinancial Legit? SquaredFinancial holds two regulatory licenses, one of which is a Market Making license issued by the Cyprus Securities and Exchange Commission (CySEC) (license number: 606110). However, the Seychelles Financial Services Authority (FSA) regulation (license number: SD024) claimed by this broker is suspected of being a clone. Please be aware of the associated risks!Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCyprus Securities and Exchange Commission (CySEC)Squared Financial (CY) LtdMarket Making (MM)606110Regulatory StatusSuspicious CloneRegulated byThe Seychelles Financial Services Authority (FSA)Licensed InstitutionSQ Sey LtdLicensed TypeRetail Forex LicenseLicensed NumberSD024What Can I Trade on SquaredFinancial? SquaredFinancial offers a wide range of trading instruments: Forex, Indices, Futures, Commodities, Stocks & ETFs and Crypto. Forex: EUR/USD, GBP/JPY, AUD/CAD, CAD/CHF, USD/JPY, EUR/AUD... Indices: Dow Jones 30, Germany 40, Japan 225, France 40, UK100, Hong Kong 50... Futures: FRA40, ESP35, GER40, US30, US100, US500, CC, CT, HG... Commodities: Crude Oil, Gold, Brent Oil, Silver, Natural Gas... Stocks & ETFs: Apple, Tesla, Microsoft, Barclays, Citigroup, Netflix, Amazon... Cryptocurrencies: Bitcoin, Litecoin, Ripple, Cardano, Dash, Ethereum, DogeCoin...Tradable InstrumentsSupportedForex✔Indices✔Futures✔Commodities✔Stocks✔ETFs✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type SquaredFinancial offers two types of live accounts: SquaredPro and SquaredProElite. The minimum deposits for these two accounts are $0 and $500, respectively. In addition, there is a free demo account available for you to familiarize yourself with the trading market before engaging in real transactions.Account TypeMin DepositSquaredPro$0SquaredProElite$500How to Open an Account on SquaredFinancial? To open an account on SquaredFinancial, simply follow these steps: Step 1: Fill in your personal information, such as your name, phone number, and email address. Step 2: Submit the necessary documents for identity verification. Step 3: Select a suitable payment method to deposit funds.Leverage SquaredFinancial offers varying levels of leverage for different trading instruments. The leverage for major currency pairs is 1:500, but for highly volatile currency pairs, stock CFDs, natural resource CFDs, metal CFDs, and cryptocurrency CFDs, SquaredFinancial provides significantly lower leverage, ranging from approximately 1:10 to 1:50. This is done to prevent users from incurring large losses all at once.Spread and Commission SquaredFinancial offers customized spreads for various account types. For SquaredPro accounts, spreads begin at 1.2 pips, whereas SquaredProElite accounts feature spreads starting from 0 pips, which is highly competitive. Regarding commissions, SquaredPro accounts are free from any charges. In contrast, SquaredElite accounts impose a commission of $5 per trading lot, structured as a recurring fee—2.5 upon opening a position and another 2.5 upon closing,which remains below the industry benchmark of $6 per lot.Account TypeSpreadCommissionSquaredPro1.2 pips❌SquaredProElite0 pips$5 per lotTrading Platform SquaredFinancial offers you access to MetaTrader 4, MetaTrader 5, and Mobile APP. MetaTrader has become an industry standard due to its high-tech indicators, charting tools, and other useful features. This provides you with significant freedom and flexibility to choose your preferred devices and platforms for trading.Trading PlatformSupportedAvailable DevicesSuitable forMobile APP✔Mobile/MT4✔Web and MobileBeginnersMT5✔Web and MobileExperienced tradersDeposit and Withdrawal When making deposits and withdrawals with SquaredFinancial, you have a variety of payment methods to choose from. The primary methods include bank transfers, Visa, Mastercard, cryptocurrencies, and more. Many SquaredFinancial clients have commented on the broker's payment system as being highly convenient.
How to login to SquaredFinancial?

SquaredFinancial Similar Brokers

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
Squared Financial (CY) Limited
Abbreviation
SquaredFinancial
Company employee
--
Customer Service Email Address
support@squaredfinancial.sc
Contact Number
+1442031371393
How to login to SquaredFinancial?
Squaredfinancial Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Squaredfinancial Account Opening a trading account with Squaredfinancial is a straightforward process that allows you to access a wide range of financial markets. Follow these steps to complete your Squaredfinancial registration successfully. Step 1: Accessing the Registration Page To begin, visit the official Squaredfinancial website. Look for the “Open Live Account” button prominently displayed on the homepage. Clicking this button will direct you to the registration form. Step 2: Filling in Required Information Once on the registration form, fill in the necessary details, including your full name, email address, phone number, and preferred password. Ensure that the information is accurate to avoid any issues later in the process. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click on the verification link provided in the email or enter the code sent to your phone to confirm your identity. This step is crucial for securing your account. Step 4: Identity Verification (if required) In some cases, especially for regulatory compliance, you may be required to provide additional identity verification documents. This can include a government-issued ID and proof of residence. Ensure you have these documents ready to expedite the process. Step 5: Registration Confirmation Once your details are verified, you will receive a confirmation email indicating that your Squaredfinancial registration is complete. You will also receive your login credentials, which you will use to access your account. Common Registration Issues and Solutions Issue: Not receiving the verification email. Solution: Check your spam or junk folder. If it's not there, try resending the verification email from the registration page. Issue: Errors during identity verification. Solution: Ensure that the documents are clear and legible. If issues persist, contact Squaredfinancial support for assistance. Regional Differences in Registration Depending on your location, specific regulatory requirements may apply. For example, clients from the USA or certain European countries might face additional restrictions. Always check Squaredfinancials website for the latest information on regional regulations. Part Two: Account Opening Process Squaredfinancial Account Opening Detailed Guide While the registration process creates your account, the Squaredfinancial account opening process allows you to start trading. Heres how to navigate this phase efficiently. Explanation of Differences Between Registration and Account Opening Registration establishes your account, but account opening involves selecting your trading preferences, depositing funds, and choosing the type of account suitable for your trading style. Preparation Work Before Account Opening Before starting the account opening process, ensure you have the following: Valid identification documents for verification. A reliable payment method for funding your account. Knowledge of the account types available. Detailed Account Opening Steps Step 1: Selecting Account Type After logging into your account, you will be prompted to select an account type. Squaredfinancial offers two main types: Squared Pro and Squared Elite. The Pro account is commission-free with higher spreads, while the Elite account offers lower spreads at a commission cost. Step 2: Submitting Required Documents You may need to submit verification documents such as a government-issued ID and proof of address. This helps comply with regulatory standards and ensures your account's security. Step 3: Account Review Process Once your documents are submitted, Squaredfinancial will review them. This process typically takes less than 24 hours. You will receive an email notification once your account is approved. Step 4: Account Activation After approval, your account will be activated. You can now log in to your client portal and proceed to fund your account. Step 5: Initial Setup Once your account is activated, navigate to the “Funds” section to deposit money. Choose from various secure payment methods such as bank transfer or e-wallets. Frequently Asked Questions About Account Opening How long does the account opening process take? The entire process can take anywhere from a few minutes to 24 hours, depending on verification requirements. What if my documents are not accepted? Ensure that your documents are current and clearly legible. If issues persist, contact customer support for clarification. Next Steps After Opening an Account Once your account is open and funded, download the Squaredfinancial trading platform (MT4 or MT5) to start trading. Familiarize yourself with the platforms features through available educational resources. Part Three: Login Guide Squaredfinancial Login Process Explained Logging into your Squaredfinancial account is simple and secure. Heres a step-by-step guide to ensure smooth access. Basic Web Login Process Step 1: Visit the Official Website Go to the Squaredfinancial homepage. Look for the “Login” button at the top right corner. Step 2: Enter Your Credentials Input your registered email address and password in the login fields. Ensure that there are no typographical errors. Step 3: Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, enter the code sent to your registered mobile device. Step 4: Click on the Login Button After entering your credentials and any required codes, click the “Login” button to access your account. Step 5: Access Your Dashboard Once logged in, you will be directed to your trading dashboard, where you can manage your accounts and trades. Mobile App Login Process If you prefer trading on the go, download the Squaredfinancial mobile app from your app store. The login process is similar: Open the app. Enter your credentials. Complete any two-factor authentication if set up. Other Login Methods Currently, Squaredfinancial does not support third-party logins or Single Sign-On (SSO) methods. Users must log in using their registered email and password. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password?” link on the login page to reset your password via email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for a few minutes before trying again or contact support. Technical Issues: Clear your browser cache or try a different browser. Ensure your internet connection is stable. Special Instructions for First-Time Login: First-time users should change their initial password after the first login for security purposes. Overview of Features After Login After logging in, you can access various features, including account management, trading tools, market analysis, and educational resources. Familiarize yourself with the dashboard to optimize your trading experience. Additional Sections Account Security Recommendations To enhance your account security, consider the following: Use a strong, unique password. Enable two-factor authentication. Regularly update your security settings. Best Practices for Account Management Regularly monitor your account activity. Keep your contact details updated for important notifications. Take advantage of educational resources to improve your trading skills. How to Get Technical Support If you encounter any issues, Squaredfinancial offers 24/5 multilingual customer support. You can reach them via email, phone, or through their websites contact form. This guide provides a comprehensive overview of the Squaredfinancial registration, account opening, and login processes. By following these steps, you can ensure a smooth experience as you navigate the world of online trading. Always stay informed about the latest updates and best practices to maximize your trading potential.

Squaredfinancial Forex Broker - Complete Information Guide

1. Broker Overview

Squaredfinancial is a financial services provider that has been operational since 2005, focusing on delivering comprehensive trading solutions to retail and institutional clients. The company is headquartered in Cyprus and maintains additional offices in the Seychelles, allowing it to cater to a global clientele. As a privately owned entity, Squaredfinancial has established itself as a trusted broker in the financial markets.

Over the years, Squaredfinancial has achieved significant milestones, including recognition for its transparency and commitment to client security. The firm operates under the umbrella of Squared Financial (Cyprus) Limited, which is licensed by the Cyprus Securities and Exchange Commission (CySEC), and Squared Financial (Seychelles) Ltd, regulated by the Seychelles Financial Services Authority (FSA). This regulatory framework underscores its commitment to compliance and safeguarding client interests.

Squaredfinancial primarily serves the European market but has expanded its reach to clients across various regions, including Asia and the Middle East. The broker offers a diverse range of trading services, including retail forex trading, CFDs (Contracts for Difference), and other investment products. Its business model is built on providing competitive trading conditions, advanced technology, and a robust educational framework for traders of all experience levels.

2. Regulation and Compliance Information

Squaredfinancial is regulated by two prominent authorities: the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA). The regulatory licenses are as follows:

  • CySEC License Number: 329/17
  • FSA License Number: SD 024

Both licenses ensure that Squaredfinancial operates within the legal frameworks set forth by these regulatory bodies, providing clients with a level of trust and security. The regulatory framework includes compliance with the European Markets in Financial Instruments Directive II (MiFID II), which enhances investor protection and promotes transparency in the financial markets.

Squaredfinancial adheres to strict client fund segregation policies, ensuring that client funds are held in separate accounts from the company's operational funds. This practice is essential for protecting client assets in the event of financial difficulties. Additionally, the broker participates in the Investor Compensation Fund (ICF), which provides compensation to eligible retail clients in the event that the broker cannot meet its financial obligations.

The broker also implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraudulent activities and ensure the integrity of its operations.

3. Trading Products and Services

Squaredfinancial offers an extensive array of trading products, catering to the diverse needs of its clients. The broker provides access to over 10,000 financial instruments, including:

  • Forex: A wide range of currency pairs, including major, minor, and exotic pairs.
  • CFDs: Contracts for Difference on indices, commodities, shares, and cryptocurrencies.
  • Indices: Trading options on major global indices.
  • Commodities: Including energies like oil and natural gas, as well as precious metals like gold and silver.
  • Cryptocurrencies: A selection of popular cryptocurrencies is available for trading.

The broker continuously updates its product offerings, ensuring that clients have access to the latest market trends and instruments. Retail trading services are complemented by institutional services, providing a comprehensive trading environment for all types of clients.

4. Trading Platforms and Technology

Squaredfinancial supports the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their user-friendly interfaces and advanced trading capabilities. These platforms are accessible on various devices, including desktop and mobile, allowing traders to execute trades seamlessly from anywhere.

  • MetaTrader 4: Offers robust charting tools, technical indicators, and automated trading capabilities, making it a favorite among forex traders.
  • MetaTrader 5: Features a more modern interface with additional analytical tools, allowing traders to analyze multiple markets simultaneously.

In addition to the MT4 and MT5 platforms, Squaredfinancial provides a web-based trading platform that enables clients to trade without downloading any software. This flexibility ensures that traders can manage their accounts and execute trades conveniently.

The broker's trading infrastructure is supported by high-speed servers located in London, ensuring fast execution and minimal latency. Squaredfinancial also offers API access for traders interested in automated trading solutions.

5. Account Types and Trading Conditions

Squaredfinancial provides two primary account types designed to meet the needs of different traders:

  • Squared Pro Account:
    • Minimum Deposit: $0
    • Spread: Average spread of 1.2 pips on major currency pairs.
    • Commission: None.
    • Leverage: Up to 1:30 for retail clients.
    • Minimum Trade Size: 0.01 lots.
    • Squared Elite Account:
      • Minimum Deposit: $5,000
      • Spread: Starts from 0.0 pips.
      • Commission: $5 per lot traded.
      • Leverage: Up to 1:500 for professional clients.
      • Minimum Trade Size: 0.01 lots.

      Additionally, Squaredfinancial offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees. A demo account is also available for traders to practice and familiarize themselves with the platform before committing real funds.

      6. Fund Management

      Squaredfinancial supports a variety of deposit methods, ensuring convenience for its clients. The available funding options include:

      • Bank Transfers
      • Credit/Debit Cards (Visa, MasterCard)
      • E-wallets (Skrill, Neteller)
      • Cryptocurrencies (Bitcoin, Ethereum, etc.)

      The minimum deposit requirement varies by account type, with the Squared Pro Account requiring no initial deposit and the Squared Elite Account necessitating a minimum deposit of $5,000. Deposits are typically processed instantly, while withdrawals may take between 3 to 5 business days to reflect in the clients bank account.

      Squaredfinancial does not charge deposit fees, but a 2% fee may apply if a trader withdraws the full deposit amount without any trading activity. Additionally, there is an inactivity fee of $25 per month after three months of inactivity, which is relatively standard in the industry.

      7. Customer Support and Educational Resources

      Squaredfinancial offers comprehensive customer support through various channels, including:

      • Email Support
      • Live Chat
      • Phone Support
      • Social Media (Facebook Messenger)

      Customer support is available 24/5, and the team is proficient in multiple languages, including English, Spanish, Chinese, and Portuguese. The broker also provides a wealth of educational resources, including webinars, e-books, and market analysis, aimed at enhancing traders' knowledge and skills.

      The Squared Academy features a range of materials designed for both novice and experienced traders, ensuring that clients can stay informed about market trends and trading strategies.

      8. Regional Coverage and Restrictions

      Squaredfinancial primarily serves clients in Europe, Asia, and the Middle East. However, it does not accept clients from certain countries, including the United States, Canada, and New Zealand, among others. The broker's services are tailored to meet the regulatory requirements of the regions it operates in, ensuring compliance with local laws.

      In conclusion, Squaredfinancial is a reputable broker that offers a wide range of trading products and services, competitive trading conditions, and robust regulatory oversight. With its commitment to client education and support, it provides a solid foundation for both novice and experienced traders looking to navigate the financial markets effectively.

SquaredFinancial Forex Broker has an overall rating of 1.61, Regulatory Index 0.00, License Index 0.00, Business Index 7.78, Software Index 4.00 Risk Control Index 0.00.
SquaredFinancial